SMC Co. (OTCMKTS:SMECF) Sees Large Increase in Short Interest

SMC Co. (OTCMKTS:SMECFGet Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 151,701 shares, an increase of 118.8% from the June 15th total of 69,341 shares. Based on an average trading volume of 291 shares, the short-interest ratio is presently 521.3 days.

SMC Stock Performance

Shares of SMECF opened at $433.00 on Wednesday. The business’s fifty day moving average price is $438.86 and its 200 day moving average price is $425.24. SMC has a 12-month low of $281.00 and a 12-month high of $556.98.

SMC Company Profile

(Get Free Report)

SMC Corporation (OTCMKTS: SMECF) is a Japan‐based manufacturer specializing in pneumatic control equipment and factory automation solutions. The company designs, develops and distributes a broad range of products that serve industrial clients across sectors such as automotive, semiconductor manufacturing, food and beverage, and life sciences. Its core business centers on the control and movement of air and gas to power automated industrial processes.

The company’s product portfolio includes directional control valves, actuators, air preparation units, fittings, tubing, vacuum equipment and related accessories.

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